Best Dividend-Paying Stocks in Nigeria for Long-Term Investors (2025 Edition)
If you’re looking to build passive income through the Nigerian stock market, dividend-paying stocks are your best friend. These companies not only grow in value over time but also pay you regularly—just for being a shareholder.
With inflation rising and the naira weakening, many Nigerians now use dividend stocks as a smart way to earn recurring income while preserving capital. In this post, we reveal the best dividend-paying stocks in Nigeria as of 2025—along with tips on how to start building your own income-generating portfolio.
What Are Dividend Stocks?
Dividend stocks are shares of companies that distribute part of their profits to shareholders—usually quarterly or annually. This payout is known as a “dividend.”
Unlike growth stocks, which reinvest profits, dividend stocks reward you with real cash while your investment continues to grow. The more shares you own, the more you earn—without selling anything.
Top Dividend-Paying Stocks in Nigeria (2025)
Below are Nigerian companies with strong dividend histories, consistent profits, and a reputation for rewarding long-term investors.
1. Zenith Bank Plc
Dividend Yield: Approx. 12% annually
Zenith Bank is widely known for its impressive dividend track record. For over a decade, it has maintained consistent payouts while growing its share value. In 2024, it declared ₦3.50 per share in total dividends, continuing its strong legacy.
2. United Bank for Africa (UBA)
Dividend Yield: 8–10%
UBA is another Tier-1 bank that has rewarded shareholders generously. Its dividends remain steady thanks to expanding operations across Africa and solid profit margins.
3. Seplat Energy
Dividend Yield: 10–14%
As a top energy company in Nigeria, Seplat doesn’t just grow fast—it also pays well. Its strong dollar-based earnings allow it to offer dividends even during naira devaluation cycles.
If you’re serious about earning in dollars and protecting your purchasing power, Seplat is a dividend gem.
4. MTN Nigeria
Dividend Yield: 6–8%
MTN remains a favorite among income investors due to its consistent dividend payments and strong earnings from data services and fintech. It’s a defensive stock that performs well even during economic uncertainty.
5. Nestlé Nigeria
Dividend Yield: 5–6%
Though its share price is high, Nestlé pays strong dividends to compensate. It’s a good pick for investors who value stability and consistent returns over hype or speculation.
6. Access Holdings
Dividend Yield: 7–9%
Following its transformation into a holding company, Access has focused on expansion and efficiency—resulting in strong earnings and regular dividends.
7. Fidelity Bank
Dividend Yield: 8–10%
Known as a growth stock for years, Fidelity Bank has now matured into a solid dividend-paying company. With share prices still affordable, it’s a great entry point for new investors seeking income and value.
How to Build a Dividend Income Portfolio
To earn regular income from Nigerian stocks, follow these steps:
- ✅ Open a CSCS & CHN account through a registered broker
- ✅ Research dividend history and payout ratios (use NGX or broker portals)
- ✅ Diversify across 4–6 reliable dividend stocks
- ✅ Reinvest part of your dividends to compound returns
If you’re unsure how to start, the SASIM Masterclass will walk you through:
- 🔹 How to open and fund a stock account
- 🔹 How to select the best dividend stocks
- 🔹 How to track and withdraw your dividends
Join SASIM today and start earning while you sleep.
Why Nigerians Love Dividend Investing
- 💸 Regular income (without selling your shares)
- 📈 Capital growth + cash flow
- 🔐 Safer than short-term speculation
- 🌍 Good hedge against inflation and currency volatility
Dividend investing isn’t only for retirees—it’s a long-term strategy that works for anyone who wants to earn passively while building wealth in Nigeria.
In an unstable economy, owning income-producing assets is a game-changer. Dividend stocks offer you a reliable path to financial freedom—if you choose the right companies and stay invested.
Leave a Reply